Initial Public Offerings

NEW YORK — The place where you can buy handmade dresses and crocheted dog costumes has a new hot seller: its own stock.

Shares of arts and crafts retailer Etsy surged in opening trading on the Nasdaq Thursday. After pricing at $16 late Wednesday the stock opened at nearly double that level, and hit a high of $35.73 in morning trading. The stock finished at $30 per share, up 87.5 percent for the day and valuing the company at $3.33 billion.

The healthy stock surge shows that Wall Street has a big appetite for a well-known retail brand, even one that doesn't yet make a profit. Thursday was one of the biggest days for initial public offerings so far this year, with party-store...

Related "Initial Public Offerings" Articles

NEW YORK — The place where you can buy handmade dresses and crocheted dog costumes has a new hot seller: its own stock.
Shares of arts and crafts retailer Etsy surged in opening trading on the Nasdaq Thursday. After pricing at $16 late Wednesday the...

From the conference room window of their year-old digs at 702 Hamilton St., Lehigh Gas Corp. employees can watch the progress of construction at Allentown's new PPL Center hockey arena complex.
"We basically have a front row seat to the largest...

Etsy, the online retailer used by hobbyists and people who make their living selling their crafts, is going public.
The Brooklyn-based company filed paperwork Wednesday for an initial public offering of stock valued at up to $100 million. It did not...

Shake Shack, the upscale burger joint started by restaurateur Danny Meyer, hopes to raise as much as $100 million in an initial public offering.The chain, which began in 2001 as a cart selling Chicago-style Vienna Beef hot dogs in New York's Madison...

SAN FRANCISCO — Venture capital rising to levels not seen since 2001. Companies with no profits going public. Billions of dollars being paid for start-ups.
These and other signs that the tech boom may be taking an irrational turn are leading some notable...

The largest tech IPO of the year — and perhaps of all time — isn't coming from Silicon Valley.
Alibaba, a Chinese e-commerce behemoth with more sales than Amazon and EBay combined, has decided to go public on Wall Street after months of speculation...

Shares of King Digital Entertainment, the maker of the addictive Candy Crush game, tumbled Wednesday in their first day of trading on Wall Street.
The stock, priced at $22.50 a share in its initial public offering late Tuesday, began trading Wednesday...

SAN FRANCISCO — Aaron Levie, the 29-year-old chief executive of Box Inc., walked the red carpet at the Oscars this year in a dark suit and tie, pressed white shirt and his trademark neon blue sneakers.
"I asked about the sneaker dress code," said...

SAN FRANCISCO — Back when Twitter crashed frequently, users were shown the "fail whale," a flock of Twitter birds lifting an apologetic marine mammal.
For investors, the "fail whale" made a comeback Wednesday as Twitter Inc. released its first earnings...

(Reuters) - Hilton Worldwide Inc said its initial public offering would raise up to $2.37 billion in the biggest-ever hotel IPO, more than doubling Blackstone Group LP's investment. According to reports last week, Hilton is expected to launch its...

NEW YORK — In a mere instant — or about the time it takes to send a 140-character message — Twitter became one of the Internet's most valuable properties, capping a dizzying seven-year rise from scrappy start-up to a major publicly traded company.
...

SAN FRANCISCO -- Twitter settled on $26 a share for its initial public offering late Wednesday, above its already higher target range.
Twitter reached the decision after a lengthy debate between the underwriters and company executives.
At $26 a share,...

SAN FRANCISCO — As Twitter Inc. opened itself up to public scrutiny for the first time, it did not limit itself to 140 characters — not even to 140 pages.
Twitter on Thursday made public 240 pages of documents it filed secretly over the summer,...

SAN FRANCISCO — In fewer than 140 characters, or 24 words, Twitter Inc. disclosed that it was planning the highest-profile public stock offering since Facebook Inc.
But that was about all it did, leaving stunned investors and analysts scrambling for...

SAN FRANCISCO — Facebook Inc. has just one question for Wall Street: How do you like me now?
Shares of the social network, which had fallen from favor after its disastrous public debut last year, hit new highs Tuesday, even as U.S. stocks ended lower...

AMC Entertainment, the nation's second largest theater chain, plans to go public -- again.The company, owned by China's Dalian Wanda Group, said in a regulatory filing that it would seek to raise $400 million from an initial public stock offering. The...

Wall Street returned from Memorial Day weekend without any more love for Facebook Inc., sending the newly public company’s stock down nearly 8% to a new post-IPO low.The social networking company was trading down 7.9% at $29.40 midday Tuesday in New York,...